PPF overhauls transition manager panel

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UK - The Pensions Protection Fund has widened its selection of transition managers by recruiting nine firms to its panel, but missing from the list was incumbent State Street who the PPF said did not re-bid.

The fund said it had appointed all the firms that applied for the position. Blackrock, BNY Mellon, CitiGroup, Credit Suisse, Goldman Sachs International, JP Morgan, Legal & General Investment Management,...

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